Dallas 7/30/2012 10:30:14 PM
News / Finance

ICNB, CDTI, VRML are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: ICNB, CDTI, VRML

Iconic Brands, Inc. (PINK:ICNB) reached up 78.26% in morning trading to $.082 with 850K shares traded. Iconic Brands has historically developed, marketed and distributed high-quality branded alcoholic beverages, the company is currently evaluating several business opportunities for new product launch this year and possible business combinations. Iconic Brands, Inc. (Iconic) (ICNB) due to numerous inquiries clarified on Friday that it is a New York based business, the current website is www.icnb.info, the company has a history of manufacturing the highest quality celebrity branded spirits in the industry, most notable for creating and launching Limoncello by Danny Devito. The previous lines were discontinued during the economic recession. The company will be introducing new products in the third quarter and is exploring several strategic transactions. As previously announced the company is actively engaged in the process of updating all financials and expects to be completed no later than September 30th, and will be making regular updates to our shareholders.

Clean Diesel Technologies, Inc. (NASDAQ: CDTI) reached up 34.29% in morning trading to $2.82 with 1.5M shares traded. Clean Diesel is a vertically integrated global manufacturer and distributor of emissions control systems and products, focused on the heavy duty diesel and light duty vehicle markets. Clean Diesel utilizes its proprietary patented Mixed Phase Catalyst (MPC®) technology, as well as its ARIS® selective catalytic reduction, Platinum Plus® fuel-borne catalyst, and other technologies to provide high-value sustainable solutions to reduce emissions, increase energy efficiency and lower the carbon intensity of on- and off-road engine applications. Clean Diesel Technologies, Inc. (CDTI) announced that it has begun supplying catalysts for next-generation four- and six-cylinder Honda Accord models. The Company expects to announce additional model programs in 2013 as it continues close collaboration with Honda on other high-performance six-cylinder and hybrid vehicle applications.

Vermillion, Inc. (NASDAQ: VRML) reached up 11.11% in morning trading to $2.00 with 150K shares traded. Vermillion, Inc. is dedicated to the discovery, development and commercialization of novel high-value diagnostic tests that help physicians diagnose, treat and improve outcomes for patients. Vermillion, along with its prestigious scientific collaborators, has diagnostic programs in oncology, cardiology and women's health. Vermillion, Inc. (NASDAQ: VRML) today announced positive results from a new prospective, multi-center clinical study of its ovarian cancer diagnostic OVA1®. The study, referred to as OVA500, was led by Dr. Robert E. Bristow, director of Gynecologic Oncology Services at UC Irvine Healthcare in Orange, CA, and deputy editor of the journal Gynecologic Oncology.

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